Hot Stocks: Brokerage view on JSW Energy, Havells India, HDFC Bank and Sheela Foam
Structural growth is back into focus alongside a cyclical kicker. Concerns of past two years over now; capital allocation to return accretive. In terms of valuation, it is the best choice to play the consumer electricals business. Sustained revenue share gains, a higher share of premium products, and a turnaround at Lloyd to aid margins.
China property giant Evergrande loses $113 billion over two years
Once China’s largest real estate company, Evergrande was found in 2021 to be drowning in more than $300 billion in liabilities, sparking a nationwide property crisis that had global ramifications.
ETMarkets Smart Talk- Small & midcaps likely to generate outsized returns in next 2 years: Yogesh Kalwani
If one looks at Fed rate hike cycles since the beginning of CY2000, the market has witnessed 4 such cycles – Mid-1999 to Mid-2000, June 2004 – June 2006, Dec-15 – Dec 18, and the current cycle over the past 12 months.
At multi-year highs: Raymond among 7 stocks that witnessed a 5-year swing high breakout
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as a bullish sign, indicating the potential for further upward movement in the stock.
Stocks to buy today: SBI, ICICI Bank among top 9 trading ideas
On the weekly options front, the maximum Call OI is placed at 20000 and then towards 19800 strikes while the maximum Put OI is placed at 19600 and then towards 19500 strikes.
Golden Crossovers: TCS among 4 stocks signalling further bullishness
Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.
Big Movers on D-Street: What should investors do with HDFC Bank and Just Dial?
The banking major is trading in an ascending triangle pattern and nearing the breakout zone of the said pattern. The positive momentum is intact in the stock with parameters like MACD & Relative strength supportive of further up move.
Buffett cut Activision stake before judge approved Microsoft merger
The Activision investment was a form of arbitrage, with Buffett viewing investors as too pessimistic that regulators would approve combining Microsoft’s Xbox gaming console business with the publisher of the “Call of Duty” and “Candy Crush” franchises.
Now, listed firms will have to make all business deals public
Till now, companies enjoyed the discretion of determining whether a piece of information or event would be ‘material’ enough to be disclosed to the public.
‘Breach of secrecy’ to draw action, Sebi warns officials
It’s unclear what provoked the communique, but it comes at a time the Supreme Court (SC) hearing on the Adani-Hindenburg matter is underway and the regulator is nearing the deadline for completing the probe on allegations of stock price manipulation in the Adani group companies.